Definition and meaning of English word "budget"
budget
/ˈbʌdʒɪt/
Meaning
NounThe amount of money or resources earmarked for a particular institution, activity or timeframe.
How to use
In professional contexts, a budget is often used to refer to a specific financial plan for a project or department, typically spanning a quarter or fiscal year. For example, 'The company's budget for Q2 has been increased by 10%.' However, in everyday conversation, a budget can also refer to a personal financial plan, as in 'I'm trying to stick to my budget this month.' Be aware that the verb 'to budget' can be a bit tricky, as it's often used as a gerund, as in 'I'm budgeting for a new car.'
🇬🇧 English
budget
Example
The city council allocated an emergency budget to repair the damaged bridge.
Your personal vocabulary
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Common phrases
- budget meeting— a meeting to discuss and plan a budget
- budget report— a document that summarizes a budget
- budget cut— a reduction in a budget
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This concept in other languages
Frequency rank: #1112 in English
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Frequently Asked Questions
What does the English word "budget" mean?▼
The English word "budget" means "budget" in English.
How do you pronounce the English word "budget"?▼
You can hear the correct audio pronunciation of the word "budget" by clicking the play button next to the word at the top of this page.
Can I see an example sentence with "budget"?▼
Yes, here is a practical example: "The city council allocated an emergency budget to repair the damaged bridge." (which translates as "budget").
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